Each one in plain English, with the numbers worked through for a shareholder.
2 July 2014drilling result▲ Good
Rock chips at the new Selins copper prospect in Albarta assayed up to 13% copper, with 10 samples averaging 4.1%, along a 5km prospective trend. Follow-up mapping and geochemistry is planned to rank drill targets; no drilling yet.
1 July 2014director officer appointment● NeutralMajor
Colin Skidmore, formerly of Investigator Resources' Paris silver project, is appointed Exploration Manager. Michael Schwarz moves to non-executive director in July 2014, and Managing Director Stephen Biggins' consulting services are extended two years to July 2016.
30 June 2014admin correction● Neutral
7,000,000 unlisted director options (exercise price $0.2463) lapsed on 30 June 2014 and will not be exercised, with an updated Appendix 3B. Administrative only; no cash raised.
20 June 2014admin correction● Neutral
100,000 unlisted employee options (exercise price $0.1063, expiry 18 June 2014) lapsed, with an updated Appendix 3B. Administrative only.
17 June 2014drilling result▲ GoodMajor
Maiden drilling hit high-grade silver-lead: 1m at 1,070 g/t Ag and 8% Pb at Blueys, and a new discovery at Inkheart with 4m at 195 g/t Ag, 5.24% Pb, 2.49% Zn. 16 of 17 holes were anomalous. Follow-up drilling is planned for Q3 2014.
3 June 2014drilling result▲ Good
An IP survey found shallow chargeable targets, generally under 100m, below a 1km copper horizon at Virginia; 75 rock chips average 2.4% copper, up to 34%. Core plans drilling in Q3 2014 and applied for NT government co-funding. Blueys drilling is complete, with assays pending.
21 May 2014investor presentation● Neutral
May 2014 company presentation says Blueys assays are expected within weeks. It repeats known Albarta, Roxby, Fitton and Yerelina results. The 100% Albarta ownership is noted as subject to ministerial approval. No new data.
6 May 2014drilling spud▲ GoodMajor
Core's first NT drilling is underway at Blueys and Inkheart: 2,500m over 20 holes, expected to take 3-4 weeks. Assay results are expected over the next eight weeks. The targets have never been drill tested below 52m.
28 Apr 2014contract award▲ GoodMajor
Core has land access approvals and signed Coughlan Drilling for its first NT drilling: 2,500m of RC over 20 holes at Blueys and Inkheart, starting next week. This confirms the April plan, now enlarged from 2,000m.
27 Mar 2014capital raising announcement● NeutralMajor
The Share Purchase Plan closed with applications for 5.56M shares, raising $278,000 of the targeted $750,000. The underwriter covers the shortfall to $500,000, with its shares subject to shareholder approval at the 4 April general meeting.
17 Mar 2014drilling result▲ Good
Core found three new copper prospects, making four in the Greater Paradise Well area of Albarta, within 3km x 3km. Rock chips ran up to 6.16% copper (32 of 72 samples anomalous). Soil surveys over 20km2 are underway, with results expected in May.
13 Mar 2014half year report● Neutral
Half-year to 31 December 2013 net loss was $437,675. The report repeats the Blueys/Inkheart IP drill targets and Roxby IOCG targets already announced. Statements are reviewed by Grant Thornton; other financial detail is not shown in the text provided.
6 Mar 2014other● Neutral
Notice of a Boardroom Radio broadcast of the Managing Director presenting the 3D fly-through of the upcoming Blueys and Inkheart drilling. No new results or figures.
6 Mar 2014drilling scheduled● Neutral
Core detailed a planned 2,000m RC drill program at Blueys, due to start in April subject to approvals, with a 3D fly-through. It would be the first drilling below 52m at Blueys and the first at Inkheart's silver-in-soil anomaly. Largely repeats the earlier April plan.
5 Mar 2014admin correction● Neutral
ASX granted a waiver letting Core issue the 10M consideration shares for the Albarta JV interests by 4 October 2014, instead of within three months of the shareholder meeting. Administrative step in the buyout.
28 Feb 2014capital raising announcement● Neutral
Share Purchase Plan documents were sent to shareholders: up to $15,000 each at 5c, targeting $750,000, with $500,000 underwritten by Pulse Markets. Administrative follow-through to the 21 February raising; no new terms.
21 Feb 2014capital raising announcement● NeutralMajor
Core raised $750,000 via a placement of 15M shares at 5c, plus a Share Purchase Plan of up to $750,000 at 5c (partly underwritten to $500,000). Funds go to Blueys and Inkheart RC drilling, with drilling due April 2014. Total up to $1.5M.
What it means for a shareholder
15.0m new shares at $0.050 to raise about $750,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
19 Feb 2014investor presentation● Neutral
February 2014 company presentation says RC drilling at Blueys and Inkheart is due to start in April, after approvals and a clearance survey. It repeats known results and the Roxby interest; the April drilling date is the new detail.
14 Feb 2014listing compliance notice● Neutral
Core answered an ASX query on the timing of its Albarta buyout announcement. It said the deal was uncertain until the last signed agreement arrived on 11 February, and the price rise was coincidental with the Next Small Cap report. Nothing further is stated in the text shown.
12 Feb 2014other● Neutral
Notice of a Boardroom Radio interview with the Managing Director about the Albarta 100% acquisition. No new results or figures.
12 Feb 2014asset acquisition disposition▲ GoodMajor
Core agreed to buy out all Albarta joint venture partners, taking 100% of its 20 tenements (over 2,000km2), replacing the earlier earn-in to 51%. Payment is 3M shares (JV1) and 3M plus up to 7M contingent shares (JV2); completion needs ministerial consent and shareholder approval.
7 Feb 2014price query● Neutral
Responding to an ASX price query after shares rose from 3.9c to 4.7c, Core said it knew of no undisclosed news. It pointed to a Next Small Cap article based on its 21 January Roxby announcement.
21 Jan 2014regulatory community update▲ GoodMajor
Core's review of new and old surveys identified high-priority IOCG drill targets at its 100%-owned, 400km2 Roxby project, 10km from BHP's Wirrda Well. Core says several parties have expressed interest; this advances the earlier partner-or-sale search. No deal announced.
4 Dec 2013drilling result▲ GoodMajor
An IP geophysical survey found drill targets, mostly 75-150m deep, beneath the high-grade silver at Blueys and Inkheart. Never drilled to these depths. RC drilling is planned for early 2014, subject to land access approvals, which Core has begun seeking.
28 Nov 2013regulatory community update▲ Good
Core notes BHP's Wirrda Well IOCG deposit lies 10km from its 100%-owned, 400km2 Roxby South project, and a new $2m government gravity survey covers it. Core is prioritising drill targets from the data. No new Core results; a partner or sale is still sought (from earlier context).
14 Nov 2013other● Neutral
Chairman's AGM address recapping Fitton uranium results, Albarta silver-copper results and Yerelina tenure. Fitton drilling is on hold with uranium prices at historic lows. Drilling at Inkheart and Blueys is expected within 12 months. No new results.
14 Nov 2013investor presentation● Neutral
AGM presentation by the Managing Director recapping Albarta, Fitton and Yerelina results, with follow-up results pending at several prospects. It repeats known data; nothing new is announced.
5 Nov 2013drilling result▲ GoodMajor
Rock chips in a newly recognised western zone at Blueys returned 1,533 g/t silver, 500m west of earlier high-grade samples. Core says this expands the scale of mineralised outcrop; an IP survey starts this week and drilling access approvals have begun.
22 Oct 2013other● Neutral
Notice of a Boardroom Radio interview with the Managing Director on the Inkheart lead and copper soil results. No new results or figures.
21 Oct 2013drilling result▲ Good
New soils show lead and copper anomalism at Inkheart comparable to Blueys, matching the earlier silver. Core says this raises the chance of Blueys-style mineralisation at Inkheart. Land access procedures for first drilling have begun; IP survey follows late-October geophysics review.
